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Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency
21.12.2019
At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...
Iran Wants to Create Crypto to Confront ‘Economic Hegemony’ of US
19.12.2019
Malaysia supports President of Iran’s idea of creating a Muslim cryptocurrency as a means to confront the economic dominance of the U.S
Development Group: Southeast Asian Consumers Too Bullish on Crypto?
12.12.2019
Many southeast Asians consumers are interested in establishing or increasing their crypto investments, according to the OECD, but also admit to not really understanding them
Malaysia to Impose Cash Transaction Limit of $6K in 2020: Report
8.11.2019
Malaysia plans to impose a $6,000 limit on cash transactions in 2020
Malaysian Thieves Drill Through Wall to Steal 85 Crypto Machines
7.11.2019
Authorities arrested five suspected in the theft of almost 100 bitcoin machines
Malaysia Regulator Approves International Crypto Exchange Luno
23.10.2019
The strict financial regulator in Malaysia is trying to help the local fintech industry scale up and attract new investors. As part of that trend the Malaysia Securities Commission is recognizing the right of cryptocurrency exchanges such as Luno to serve local customers. Also Read: Credit Suisse...
Remittances Partnership to Use Cambodia Central Bank’s Blockchain System
21.10.2019
The National Bank of Cambodia, the country’s central bank, signed an MoU on cross-border payments and remittances with Malaysia’s largest bank
Malaysia Officially Launches Blockchain Village, Medini (BVAM)
18.10.2019
Khazanah Nasional Berhad, the sovereign capital fund of the Malaysian government, in association with its subsidiary i2M Ventures SDN BHD, today launched a Blockchain Village at Medini (BVAM) to facilitate the development of blockchain ecosystem in Malaysia. According to managing director of...
Major Singapore Bank Completes First DLT Trade Financing Transaction
17.10.2019
A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade financing transaction
HSBC Issues First Letter of Credit on a Live Blockchain in Malaysia, Involves Firm Importing Resins
16.10.2019
The list of use cases of blockchain just got bigger as banking giant HSBC has issued a Letter of Credit on a live blockchain. The transaction involves a company called Simply Packaging for importing resin from a Singaporean company. The European bank’s Malaysian arm was the issuing party, while...
HSBC Enacts a Letter of Credit on a Blockchain in Malaysia
16.10.2019
Major bank HSBC announces first successful enactment of a letter of credit on a blockchain in Malaysia
Malaysian Finance Ministry: Cryptocurrency Adoption Remains Low
11.10.2019
Malaysia’s finance ministry says despite commanding significant attention, global and domestic adoption of crypto remains low
Malaysian Ministry of Education Fights Fake Degrees With Blockchain Tec
20.9.2019
The Malaysian Ministry of Education has introduced E-Skrol, a blockchain-based platform to fight forged educational certificates
Xendpay Joins RippleNet to Expand Global Money Transfer Services
23.8.2019
International money transfer service Xendpay joins RippleNet to expand currency options and speed
Electricity Theft for Bitcoin Mining Imposes Loss of $25 Million in Malaysia
16.8.2019
Bitcoin Mining is a power-intensive activity, and it consumes a lot of electricity. A report by Cambridge last month showed that Bitcoin consumes more electricity than the entire country of Switzerland. While the cost involved is huge, it can be devastating to electricity manufacturers...
Malaysian Electric Utility Raids 33 Illicit Bitcoin Mining Facilities
7.8.2019
Major Malaysian electric utility Tenaga Nasional Bhd has fallen victim to an illegal cryptocurrency mining operation, which resulted in a $760,736 loss
Wanxiang and PlatON Join Forces for Blockchain Infrastructure of New Smart City in China
20.6.2019
Auto giant with multiple subsidiaries, Wanxiang, has partnered with PlatON to create blockchain solutions for future smart city in Hangzhou
Malaysia Launches Work Visa Program for Blockchain Tech Professionals
20.6.2019
Malaysia has rolled out a work visa program that enables tech specialists to work for local blockchain companies
Malaysia Begins Approving Crypto Exchange Registrations
5.6.2019
Malaysia’s securities commission has begun registering cryptocurrency exchanges after it started regulating the crypto space earlier this year. The first three crypto trading platform operators have been conditionally approved and given nine months to comply with registration requirements....
Malaysian Securities Regulator Registers Three Cryptocurrency Exchanges
5.6.2019
Malaysian regulators register three new digital currency exchanges: Luno Malaysia, Sinegy Technologies and Tokenize Technology